WATCHES OFSWITZERLAND GROUP financials
WATCHES OFSWITZERLAND GROUP
Country: GB Reporting currency: GBP Latest annual report: 2025-04-27
LEI:
2138008ZOT5K9PJW7168 ISIN: GB00BJDQQ870 Financial statements
(GBP, as reported — unscaled; 96 line items across 2 annual periods)
| Line item | 2025 | 2024 |
|---|---|---|
| Income statement | ||
| Revenue | £1.65B | £1.54B |
| Cost of sales | £1.44B | £1.35B |
| Gross profit | £211.2M | £189.9M |
| Administrative expenses | £43.6M | £37.5M |
| Operating profit (EBIT) | £113.9M | £120.0M |
| Net finance income / (cost) | -£38.0M | -£27.9M |
| Finance costs | £38.1M | £29.5M |
| Profit before tax | £75.9M | £92.1M |
| Income tax expense | £22.1M | £33.0M |
| Profit for the year | £53.8M | £59.1M |
| Total comprehensive income | £39.8M | £60.0M |
| Per share | ||
| Basic EPS | £0.23 | £0.25 |
| Diluted EPS | £0.23 | £0.25 |
| Free cash flow / share | £0.49 | £0.46 |
| Cash flow statement | ||
| Cash generated from operations | £214.1M | £225.5M |
| Net cash from operating activities | £183.7M | £191.3M |
| Net cash from investing activities | -£178.0M | -£121.1M |
| Purchase of PP&E (capex) | £68.0M | £81.6M |
| Purchase of intangibles | £3.6M | £2.4M |
| Net cash from financing activities | -£21.1M | -£91.7M |
| Net change in cash | -£15.4M | -£21.5M |
| Balance sheet | ||
| Total assets | £1.48B | £1.33B |
| Non-current assets | £864.7M | £791.4M |
| Property, plant & equipment | £192.4M | £191.4M |
| Right-of-use assets | £358.6M | £381.8M |
| Intangible assets & goodwill | £231.2M | £199.3M |
| Current assets | £610.9M | £536.0M |
| Inventories | £447.4M | £393.3M |
| Trade & other receivables | £56.0M | £22.5M |
| Cash & equivalents | £98.9M | £115.7M |
| Total equity | £539.6M | £523.0M |
| Non-current liabilities | £622.2M | £530.1M |
| Long-term borrowings | £192.8M | £113.3M |
| Lease liabilities (non-current) | £398.6M | £403.4M |
| Current liabilities | £313.8M | £274.3M |
| Lease liabilities (current) | £56.0M | £57.0M |
| Trade & other payables | £254.9M | £215.4M |
| Deferred tax liabilities | £15.9M | £3.4M |
| Derived metrics | ||
| Free cash flow | £115.7M | £109.7M |
| Operating margin | 6.9% | 7.8% |
| Net margin | 3.3% | 3.8% |
| Return on equity | 10.0% | 11.3% |
| Cash conversion ratio | 3.41× | 3.24× |
| Capex coverage | 2.70× | 2.34× |
| Other reported items | ||
| Adjustments For Amortisation Expense | £3.3M | £3.6M |
| Adjustments For Decrease Increase In Inventories | -£13.3M | -£11.3M |
| Adjustments For Decrease Increase In Trade and Other Receivables | -£18.2M | -£4.4M |
| Adjustments For Finance Costs | £38.1M | £29.5M |
| Adjustments For Finance Income | £2.3M | £2.9M |
| Adjustments For Income Tax Expense | £22.1M | £33.0M |
| Adjustments For Losses Gains On Disposal of Noncurrent Assets | £200.0K | £0 |
| Adjustments For Sharebased Payments | £1.8M | £2.1M |
| Adjustments For Undistributed Profits of Investments Accounted For Using Equity Method | -£200.0K | £0 |
| Cancellation of Treasury Shares | £0 | — |
| Cash and Bank Balances At Central Banks | £80.4M | £93.8M |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | £106.9M | £44.2M |
| Current Provisions | £2.4M | £1.9M |
| Current Tax Assets Current | £8.6M | £4.5M |
| Current Tax Liabilities Current | £500.0K | £0 |
| Decrease Increase Through Tax On Sharebased Payment Transactions | -£400.0K | £1.1M |
| Deferred Tax Assets | £4.1M | £400.0K |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -£1.4M | £800.0K |
| Finance Income | £2.3M | £2.9M |
| Income Tax Relating To Exchange Differences On Translation Other Than Translation of Foreign Operations Included In Other Comprehensive Income | -£1.1M | £100.0K |
| Income Tax Relating To Remeasurements of Defined Benefit Plans of Other Comprehensive Income | £0 | -£200.0K |
| Income Taxes Paid Refund Classified As Operating Activities | £29.7M | £33.5M |
| Increase Decrease Through Sharebased Payment Transactions | £1.8M | £2.1M |
| Increase Decrease Through Transactions With Owners | -£23.2M | -£6.3M |
| Intangible Assets Other Than Goodwill | £72.9M | £16.4M |
| Interest Paid Classified As Financing Activities | £13.4M | £9.2M |
| Interest Received Classified As Investing Activities | £2.3M | £3.0M |
| Investment Accounted For Using Equity Method | £500.0K | £0 |
| Issued Capital | £3.0M | £3.0M |
| Liabilities | £936.0M | £804.4M |
| Merger Reserve | -£2.2M | -£2.2M |
| Net Assets Liabilities | £539.6M | £523.0M |
| Noncurrent Payables | £4.6M | £1.1M |
| Noncurrent Provisions | £10.3M | £8.7M |
| Noncurrent Receivables | £4.5M | £2.1M |
| Noncurrent Recognised Assets Defined Benefit Plan | £500.0K | £0 |
| Noncurrent Recognised Liabilities Defined Benefit Plan | £0 | £200.0K |
| Other Cash and Cash Equivalents | £18.5M | £21.9M |
| Other Comprehensive Income | -£14.0M | £900.0K |
| Other Comprehensive Income Before Tax Exchange Differences On Translation | -£15.2M | £1.7M |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | £100.0K | -£900.0K |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | -£14.1M | £1.6M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | £100.0K | -£700.0K |
| Other Reserves | -£13.3M | -£23.4M |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | £2.7M | £0 |
| Purchase of Interests In Investments Accounted For Using Equity Method | £700.0K | £0 |
| Purchase of Property Plant and Equipment Intangible Assets Other Than Goodwill Investment Property and Other Noncurrent Assets | £75.4M | £79.9M |
| Purchase of Treasury Shares | £12.1M | £7.2M |
| Reserve of Change In Value of Foreign Currency Basis Spreads | -£9.7M | £4.4M |
| Retained Earnings | £414.7M | £394.1M |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | -£200.0K | £0 |
| Share Premium | £147.1M | £147.1M |
Methodology
Every line item above is a fact tagged in WATCHES OFSWITZERLAND GROUP's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (GBP), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.